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China’s Manufacturing Sector Shows Growth in October Amid Renewed Demand
Overview of Manufacturing Activity China’s manufacturing sector showed signs of renewed growth in October, with smaller manufacturers reporting expansion, according to a private survey released on Friday. The Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI) reached 50.3, surpassing expectations of 49.7 from a Reuters poll. A PMI above 50 indicates growth, while below 50 suggests […]